Qatar (QAT) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

About

Qatar-Ecuador Trade: In 2023, Qatar exported $1.14M to Ecuador. The main products that Qatar exported to Ecuador were Raw Aluminium ($1.12M), Hand-Woven Rugs ($7.71k), and Milling Stones ($2.77k). Over the past 5 years the exports of Qatar to Ecuador have increased at an annualized rate of 24.9%, from $376k in 2018 to $1.14M in 2023.

In 2023, Qatar did not export any services to Ecuador.

Ecuador-Qatar Trade: In 2023, Ecuador exported $29.1M to Qatar. The main products that Ecuador exported to Qatar were Cut Flowers ($13.8M), Bananas ($13.6M), and Crustaceans ($1.21M). Over the past 5 years the exports of Ecuador to Qatar have increased at an annualized rate of 27.2%, from $8.73M in 2018 to $29.1M in 2023.

In 2023, Ecuador did not export any services to Qatar.

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $1.14M to Ecuador. The main products exported from Qatar to Ecuador were Raw Aluminium ($1.12M), Hand-Woven Rugs ($7.71k), and Milling Stones ($2.77k). During the last 5 years the exports of Qatar to Ecuador have increased at an annualized rate of 24.9%, from $376k in 2018 to $1.14M in 2023.

In 2018, Ecuador exported $29.1M to Qatar. The main products exported from Ecuador to Qatar were Cut Flowers ($13.8M), Bananas ($13.6M), and Crustaceans ($1.21M). During the last 5 years the exports of Ecuador to Qatar have increased at an annualized rate of 27.2%, from $8.73M in 2023 to $29.1M in 2018.

Exports from Qatar () to Ecuador () (2023)

Exports from Ecuador () to Qatar () (2023)

Latest Data

Trade between Qatar () and Ecuador ()

Qatar Exports

Date

Ecuador Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Ecuador
Top DestinationUnited States$8.34B

This map shows whether countries import more from Qatar or Ecuador. Each country is colored based on the difference in imports they receive from Qatar and Ecuador or the difference in the growth in imports.

In 2023, countries that imported more from Qatar than Ecuador included China ($20.9B), South Korea ($12.1B), and India ($12.9B).

In 2023, countries that imported more from Ecuador than Qatar included United States ($8.34B), Panama ($4.38B), and Peru ($1.15B).

Difference in imports from Ecuador () and Qatar () (2023)

Comparative Advantage Qatar - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Qatar and Ecuador by product, considering products traded by both, Qatar and Ecuador.

During 2023, Qatar had a large net trade with Ecuador in the exports of Metals ($1.13M), Textiles ($9.98k), and Stone And Glass ($2.77k).

During 2018, Ecuador had a large net trade with Qatar in the exports of Vegetable Products ($27.5M), Animal Products ($1.21M), and Miscellaneous ($302k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Ecuador+$6.32kRefined Petroleum

Top Product Potential Ecuador Qatar+$410kCrustaceans

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Qatar and Ecuador. This means that a dot/product with the flag of Qatar indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Qatar.

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Ecuador () (2023)

Exports from Ecuador () to Qatar () (2023)

Latest Data

Trade between Qatar () and Ecuador ()

Qatar Exports

Ecuador Exports

Market Competitiveness

Difference in imports from Ecuador () and Qatar () (2023)

Comparative Advantage Qatar - Ecuador

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Qatar () and Ecuador () (2023)

Keep Exploring